Apollo-Led Lenders Sell Yellow Loan to Citadel

[ad_1] The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. [ad_2] Source link

How Yellow’s Downfall Is Rippling Through the Economy

[ad_1] The trucker’s competitors are reaping a windfall of business, while customers face rising shipping costs. [ad_2] Source link

Trucker Yellow Files for Bankruptcy, Will Liquidate

[ad_1] The chapter 11 filing is likely to lead to a liquidation for the company. [ad_2] Source link

Meme Stocks Are a Thing—Again

[ad_1] Day traders are piling into meme stocks again, sending shares of Tupperware, Yellow and Rite Aid are soaring. [ad_2] Source link

U.S. Downgrade Sparks Selloff in Stocks and Bonds

[ad_1] U.S. stocks and bonds suffered a wave of selling, sending Treasury yields to the highest levels of the year and major indexes toward their worst session in months. [ad_2]…

Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money

[ad_1] Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by selling assets. [ad_2] Source…